Identify application fraud and protect genuine user information from being exploited.
Identify money laundering activity and proactively detect the mule accounts before funds are moved.
Monitor web and mobile banking sessions to expose risky actions indicative of fraud.
Detect and stop authorized payment fraud before funds leave the customer’s account.
Enhance your existing compliant solution by adding security without unnecessary friction.
The world’s first inter-bank, behavior-based, financial crime intelligence-sharing network.
The rapid acceleration of digital banking in the Philippines, while boosting financial inclusion and convenience, has also heightened its vulnerability to financial fraud. In response, the Philippine government enacted the Anti-Financial Account Scamming Act (AFASA) to protect consumers from scams involving financial accounts, deter scammers by imposing penalties on those found guilty of fraudulent activities, and build trust in the financial system.
Download the white paper to learn more about the responsibilities that financial institutions must accept in protecting their clients’ accounts from unauthorized access and fraud under AFASA and how behavioral and device intelligence solutions align with the key provisions of the law.